Cyprus Authorised Corporate
Director (ACD) ServicesAuthorized Corporate Directors
(ACDs) are responsible for the
running of an investment fund.

They have a duty to act in the best interests of the fund’s investors and ensure that the fund is well managed in line with regulations and with the investment objectives and policies set out in its prospectus.

If an ACD makes a mistake or doesn't deliver what is required then it is the firm who is managing the fund's reputation and if different the DFM whose reputation will be impacted.

An ACD should be seen as an extension of any business as the actions of an ACD can have the same consequences for a client who acts in the same way internally. For this reason, the selection process and understanding of an ACD, services provided and setup should never be taken lightly.

Our ACD services are designed to meet your specific demands, providing fund management companies with a comprehensive and high-quality level of service.

At Vertu, we offer proactive recommendations on product development and focus on helping you to develop your commercial objectives.

We examine ways to meet investor priorities, such as negotiating innovative fee structures, cross fertilization opportunities, or how to take advantage of future legislation and regulation. From the outset, our planning is specifically tailored to achieve the desired investment objective.

When we are engaged by a client for selecting or partnering up with an ACD we go through the following stage process that underpins what is important to the client and their objectives.

• Meeting the compliance requirements should be of high quality as a starting point for any ACD.
• The delivery of service, integration with what the client needs, and associated suppliers sign up to is also paramount.
• Service Level Agreements (SLA) between the suppliers and the client should never be overlooked.
• The main aim of an ACD is to protect, maintain and ensure the integrity of the fund.
• The number of systems and monitoring programs in place and demonstrated to give the right level of comfort.

Our work with any ACD is done on the basis of improving the service and offering to clients. This in turn we hope will improve and increase standards to the benefit of all.